Benefits Of Outsourcing Financial Services Staff in the Philippines

In-house bookkeepers or accountants can be costly and hiring a local firm can be even more expensive. That’s why we make it our priority to provide high-quality financial services at a rate that won’t break the budget.

financial services

Finances are a critical part of any thriving business. Keeping up with standards and maintaining your books is an ongoing task which can sometimes be hard to keep on top of.

With Outsourced you can hire a Finance Specialist or an entire Finance team with the skills and expertise to get you on the right track financially and make sure you stay there. Outsourced can provide you with a range of employees specialising in several areas of financial services outsourcing and back office finance support.

We have experience hiring finance staff with various job roles such as:

Other popular roles include Insurance Specialists, Auditor, AP/AR Specialist, Procurement Officer, Claims Analyst, Underwriter, Broker, Loans/ Mortgage Specialist, Collections Specialist, Insurance Broker Administration Assistant, Billing Specialist, Financial Service Associate and Finance Specialist.

Building Outsourced Finance Departments in the Philippines

Building outsourced finance departments in the Philippines is an excellent way to cut costs and access the skills of experienced professionals. It’s the ideal strategy for numerous businesses from retail stores to auto mechanics to tradespeople, dentists, and so on.

You can build an offshore finance department or just hire an accountant and tax professional, mortgage specialists and insurance brokers or bookkeepers and loan processors. It all depends on your specific requirements. Outsourcing to the Philippines is a way to easily access qualified and experienced finance specialists while saving money in both the short and long term.

With access to an extensive database of professionals in the Philippines, we’ll build a remote-based finance team for your company. We’ll manage all the recruitment, hiring and onboarding processes, as well as provide state-of-the-art facilities with high-speed internet, high-tech computers, meeting rooms and individual workstations for your team.

We also manage all their HR, payroll, annual leave and other entitlements, as well as all the paperwork that’s involved in hiring overseas employees. All you need to do is oversee their work on a schedule that suits your needs. Building outsourced finance departments in the Philippines is a very efficient and cost-effective way to gain access to experienced professionals for your business.

Benefits of Remote Finance Teams

For companies that require finance professionals, the benefits of remote finance teams can’t be overstated. You obtain the services of experienced and qualified employees without all the stress of a recruitment drive. You also don’t need to provide the infrastructure and resources they need to fulfil their role within your company.

Depending on your industry, the advantages of offshore finance teams can be significant for your company. For example, you can increase your customer base by employing additional mortgage or insurance advisors or provide streamlined invoicing services to your customers.

Outsourcing to the Philippines is a highly effective strategy that saves your company a substantial amount of time and money on recruitment and onboarding costs, as well as the costs involved in long-term employment.

With a retention rate that’s higher than 95%, you’ll have an offshore finance team that stays with your company for many years. They’ll integrate seamlessly with your in-house staff and help your business grow, expand and achieve your goals. It’s these benefits of remote finance teams that have resulted in many companies outsourcing these roles to the Philippines because there are no downsides to this strategy.

You gain the professional experts you need for your company and the members of your new team gain full-time employment that helps to support their families. It’s a win-win situation.

Contact us today to find out more about financial services offshore staffing and see how we can help your business.

Client Case Study

Find out how an outsourced finance team enabled growth at LWA LLP


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Some of our 250+ happy clients

“I have been working with Outsourced for a few years now and I must say that they have been an invaluable partner for our business. Their dedication, expertise, and professionalism have truly exceeded my expectations.”

"We have been so happy with the people they have brought on board we have decide to expand the operation. This is testament to the flexibility and determination of the Outsourced team who have been more like an extension of our company rather than a 3rd party."

"Outsourced are an extremely professional organisation, easy to to do business with and lightening fast at sorting things out. The staff are super friendly with a 'can do' attitude. They also treat our team very well and we have no complaints (happy productive staff means a happy client)."

"Outsourced have been an enormous support and very patient as we progress down the outsourcing path. They have integrated perfectly into our team and with all interactions with Outsourced staff we have found them to be incredibly helpful and accommodating."

"I want to stress that we have greatly appreciated the services of Outsourced, the service has been exemplary and the work high quality; the staff have been a pleasure to work with. We would like to retain an ongoing relationship with Outsourced."

“Outsourced have a great office space and a great support team who are always willing to help. We were able to pivot quickly and within 6 weeks we were able to start our team. We are very happy with Outsourced.”

Outsourced Service Categories

There are hundreds of roles we can recruit for you in the Philippines. Below is a list of some of the most popular roles our client’s request within each industry.

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Want to know how outsourcing can help your business?

Request a call back from our expert recruitment specialists to see how Outsourced can grow and manage your offshore staff.